Quilter plc (LON:QLT) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Quilter plc (LON:QLT) have earned a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 210.86.

Several analysts have weighed in on the company. Berenberg Bank boosted their price target on Quilter from GBX 215 to GBX 220 and gave the company a “buy” rating in a research note on Friday, August 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 235 price objective on shares of Quilter in a report on Friday, August 7th. Finally, Citigroup boosted their price target on Quilter from GBX 195 to GBX 210 and gave the stock a “neutral” rating in a research report on Monday, August 3rd.

Quilter Price Performance

QLT opened at GBX 175.70 on Friday. The company has a market capitalization of £2.36 billion, a price-to-earnings ratio of 20.67, a PEG ratio of 2.50 and a beta of 0.82. The business’s fifty day simple moving average is GBX 188.09 and its 200-day simple moving average is GBX 188.73. The company has a current ratio of 2.09, a quick ratio of 0.05 and a debt-to-equity ratio of 19.46. Quilter has a 12-month low of GBX 163.30 and a 12-month high of GBX 209.

Quilter (LON:QLT) last issued its quarterly earnings data on Thursday, August 6th. The company reported GBX 3.30 EPS for the quarter. Quilter had a net margin of 0.88% and a return on equity of 8.39%. On average, equities research analysts anticipate that Quilter will post 9.004676 earnings per share for the current fiscal year.

Quilter Company Profile

Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.

Its purpose is to create brighter financial futures for every generation.

Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.

It has leading positions in one of the world’s largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.